Us-based Liqui-Box will acquire the engineering and flexible operations of South Africa’s Maverick Engineering.
The companies provide flexible liquid packaging solutions and bag-in-box machinery.
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GMP Co. plans to offer one million shares of common stock through a private placement.
The South Korean manufacturer of laminating machines and films plans to secure KRW3bn ($2.52m) through the offering, priced at KRW3000 ($2.52) per share.
The company previously issued unsecured convertible bonds in a private placement to secure funds worth KRW1.7bn ($1.43m).
AR Packaging Group will be acquired by private equity company CVC Capital Partners SICAV-FIS under a binding agreement, signed with its current owners Ahlstrom Capital and Accent Equity Partners.
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By GlobalDataAR Packaging Group is one of Europe’s leading cardboard packaging products and folding cartons manufacturer based in Sweden, while CVC Capital Partners is based in Luxembourg.
Dutch beer brewer Heineken International has signed a joint venture agreement with Philippines-based beverage company Asia Brewery to set up AB Heineken Philippines.
The deal is subject to customary closing conditions and is expected to be in effect from the fourth quarter of this year.
The new joint venture company will follow Heineken’s global policies and ethics code in all matters including supplier code, local sourcing and water management.
Asia Brewery will revamp and upgrade its two units in Cabuyao and El Salvador to produce Heineken brands and will also commence the distribution of Heineken and Tiger in the Philippines.
Beach Whiskey has raised $7.5m through a Series A funding round to introduce its naturally-flavoured American whiskey in California, Florida and Hawaii, US.
The company also intends to use the funds for brand marketing, in-store and bar promotions.
